In 2023, the market price for Tails Fresh Monkfish in France's capture fisheries was not provided. However, from 2024 onwards, the forecasted price indicates a consistent decline with each subsequent year. Specifically, a year-on-year decrease is observed: from 2024 to 2025 by 1.7%, from 2025 to 2026 by another 1.7%, similarly from 2026 to 2027 and again from 2027 to 2028. The five-year CAGR from 2024 to 2028 reflects this declining trend at a steady rate.
Future trends to watch for include potential changes in consumer demand for monkfish, the effect of environmental policies on fishing practices, and the impact of technological advancements in fisheries. These factors could alter production costs and prices in the longer term.
